Austin Contractors And Engineers Association Inc
- Assets
- $239.0k
- Revenue
- $131.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 74-2293084
Organization Overview
Austin Contractors And Engineers Association Inc is located in Austin, TX. The organization was established in 1984. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Austin Contractors And Engineers Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Contractors And Engineers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Austin Contractors And Engineers Association Inc generated $131.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $170.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION PROMOTES THE COMMON BUSINESS INTEREST OF CONTRACTORS & ENGINEERS IN THE CONSTRUCTION INDUSTRY THROUGH SYMPOSIUMS AND NEWSLETTERS TO ITS 219 MEMBER COMPANIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROMOTES THE COMMON BUSINESS INTEREST OF CONTRACTORS & ENGINEERS IN THE CONSTRUCTION INDUSTRY WITH A SYMPOSIUM EVERY AUGUST. THE SYMPOSIUM FOR 2021 WAS VIRTUAL, AND HAD 350 ATTENDEES.
SCHOLARSHIP RECIPIENTS ARE ELIGIBLE FOR 2000 AWARDS, AND IF THEY MAINTAIN A 3.0 GPA, THEY'RE ELIGIBLE FOR A SECOND AWARD THE FOLLOWING YEAR OF 3,000. IN 2021, THERE DIDN'T SEEM TO BE AS MUCH ENCOURAGEMENT OR COMMUNICATION FROM COUNSELORS TO THE STUDENTS BECAUSE MANY OF THE STUDENTS AND FACULTY WERE REMOTE. THEY AWARED THREE 2,000 SCHOLARSHIPS AND THREE 3,000 SCHOLARSHIPS TO THE RETURNING STUDENTS FROM THE PRIOR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silvia Pendleton Executive Di | OfficerTrustee | 40 | $93,590 |
Darrell Seeds President 1s | Officer | 1 | $0 |
Frank Castro Vice Preside | Officer | 1 | $0 |
Garrett Shepperd Treasurer 1s | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $55,285 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,285 |
| Total Program Service Revenue | $36,948 |
| Investment income | $771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,624 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,386 |
| Payroll taxes | $4,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,184 |
| Fees for services: Other | $18,018 |
| Advertising and promotion | $4,250 |
| Office expenses | $18,541 |
| Information technology | $2,573 |
| Royalties | $0 |
| Occupancy | $19,505 |
| Travel | $116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,861 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,881 |
| All other expenses | $0 |
| Total functional expenses | $170,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,921 |
| Savings and temporary cash investments | $1,298 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $160,256 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,516 |
| Total assets | $238,991 |
| Accounts payable and accrued expenses | $4,162 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,000 |
| Other liabilities | $7,356 |
| Total liabilities | $13,518 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $225,473 |
| Total liabilities and net assets/fund balances | $238,991 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Engineering Companies Of Texas Austin, TX | $2,860,536 | $3,182,709 |
International Union Of Operating Engineers Fort Worth, TX | $4,792,541 | $1,583,815 |
Southwest Louisiana Construction Users Council Lake Charles, LA | $10,312,285 | $1,410,861 |
International Union Of Operating Engineers Albuquerque, NM | $391,229 | $1,202,470 |
American Council Of Engineering Companies Of Louisiana Inc Baton Rouge, LA | $183,722 | $625,161 |
Texas Alliance For Minorities In Engineering Austin, TX | $640,041 | $522,087 |
American Society Of Civil Engineers Austin, TX | $720,756 | $621,057 |
Louisiana Engineering Society Baton Rouge, LA | $329,765 | $574,776 |
American Federation Of Labor And Congress Of Industrial Orgs Deer Park, TX | $460,273 | $847,152 |
American Society Of Civil Engineers Jacksonville, AR | $438,361 | $494,167 |
Austin Association Of Facility & Maintenance Engineers Austin, TX | $238,642 | $383,753 |
American Council Of Engineering Companies Of Oklahoma Inc Oklahoma City, OK | $140,575 | $349,720 |